Home sales are expected to rise by 9.2% in 2026, driven by modest renovations and easing mortgage rates. Affordability remains a key factor, with significant regional disparities. Real estate agents face a challenging market.
Market sentiment shows improvement, with 49% feeling favorable, yet concerns remain about insurance costs, migration, and recession risks according to CJ Patrick Firm and RCN Resources report.
Fed officials debate rate cuts amidst economic uncertainty and political pressure. Powell emphasizes a cautious, data-driven approach, while others advocate for earlier action. Inflation and tariffs remain key factors.
Consumer buying sentiment is up as housing inventory improves. Despite income dips and high mortgage rates, more consumers see it as a good time to buy, with improved outlooks on home prices and job security.
